Now take that price action pattern … and see it … for the past 14 years. 14 years doing exactly this. That’s the AVXL Wall Street trading game. HF trading computers, hatched man hit pieces (Adam F.) MM price manipulation, short attacks, selling attacks after good news, etc. these past 14 years. Makes the odds favor pullbacks/ sell down to the lower targets on the chart. The 50% Fib sometimes holds, but more often you’ll see the 62% target. Or even lower. Not Always, but often. My mistake is I am always looking for the lowest of targets on the fib scale, and sometimes it doesn’t go to that bottom. Right now, many Fib measurements are showing the 50% target zone around 10.50, but the lower targets are around 10.00 and 9.70 and there’s a 200 ma somewhere near there waiting, 9.50 area? A very bullish chart pattern with continuous momentum, like what your vision sees, “should be holding “ around 11.25 area. Neutral is down here at 10.50 and the AVXL bleeding ragdoll torture sell down game is looking at the 9.70 to 9 dollars, and the piranha feeding frenzy could imagine the 8’s again. And Then, whenever the reversal time finally comes, AVXL will climb and surge back up like you’re expecting it to.
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